International Consolidated Airlns Grp SA (LON:IAG) Given Average Recommendation of “Buy” by Analysts

International Consolidated Airlns Grp SA (LON:IAG) has been assigned a consensus recommendation of “Buy” from the twenty-seven research firms that are presently covering the firm, MarketBeat reports. Three analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and seventeen have given a buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is GBX 574.86 ($7.49).

A number of brokerages have recently weighed in on IAG. UBS AG set a GBX 575 ($7.49) target price on International Consolidated Airlns Grp SA and gave the company a “buy” rating in a research note on Tuesday, April 25th. HSBC Holdings plc set a GBX 550 ($7.16) price target on International Consolidated Airlns Grp SA and gave the company a “sell” rating in a report on Monday, July 31st. Credit Suisse Group reiterated an “outperform” rating and issued a GBX 657 ($8.56) price target on shares of International Consolidated Airlns Grp SA in a report on Wednesday, April 19th. Barclays PLC raised their price target on International Consolidated Airlns Grp SA from GBX 600 ($7.81) to GBX 665 ($8.66) and gave the company an “overweight” rating in a report on Monday, July 17th. Finally, Peel Hunt reiterated an “under review” rating on shares of International Consolidated Airlns Grp SA in a report on Wednesday, July 26th.

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Shares of International Consolidated Airlns Grp SA (LON IAG) traded down 1.31% during trading on Monday, hitting GBX 603.50. 6,340,782 shares of the stock traded hands. The firm’s market cap is GBX 12.74 billion. The company’s 50 day moving average is GBX 609.26 and its 200 day moving average is GBX 566.12. International Consolidated Airlns Grp SA has a 52-week low of GBX 281.73 and a 52-week high of GBX 773.19.

About International Consolidated Airlns Grp SA

International Consolidated Airlines Group, SA is an airline company that holds the interests in airline and ancillary operations. Its segments include British Airways, Iberia, Vueling, Aer Lingus and Other Group companies. It combines the airlines in the United Kingdom, Spain and Ireland. It has approximately 550 aircrafts to over 280 destinations.

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